Common use of Clawback Clause in Contracts

Clawback. 23.4.1 Where a sum is to be paid to the Agent under the Security Documents for another Party, the Agent is not obliged to pay that sum to that other Party (or to enter into or perform any related exchange contract) until it has been able to establish to its satisfaction that it has actually received that sum.

Appears in 10 contracts

Samples: Loan Agreement (NCL CORP Ltd.), Loan Agreement (NCL CORP Ltd.), Loan Agreement (NCL CORP Ltd.)

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Clawback. 23.4.1 31.4.1 Where a sum is to be paid to the Agent under the Security Finance Documents for another Party, the Agent is not obliged to pay that sum to that other Party (or to enter into or perform any related exchange contract) until it has been able to establish to its satisfaction that it has actually received that sum.

Appears in 6 contracts

Samples: And Restatement Agreement (Validus Holdings LTD), Agreement (Mercer International Inc), Agreement (Validus Holdings LTD)

Clawback. 23.4.1 37.4.1 Where a sum is to be paid to the Agent under the Security Finance Documents for another Party, the Agent is not obliged to pay that sum to that other Party (or to enter into or perform any related exchange contract) until it has been able to establish to its satisfaction that it has actually received that sum.

Appears in 5 contracts

Samples: Facility Agreement (Navigator Holdings Ltd.), Facility Agreement (Quintana Shipping Ltd.), DryShips Inc.

Clawback. 23.4.1 35.4.1 Where a sum is to be paid to the an Agent under the Security Finance Documents for another Party, the an Agent is not obliged to pay that sum to that other Party (or to enter into or perform any related exchange contract) until it has been able to establish to its satisfaction that it has actually received that sum.

Appears in 4 contracts

Samples: Facilities Agreement (Shire Ltd.), Agreement (Shire PLC), Facilities Agreement (Shire PLC)

Clawback. 23.4.1 30.4.1 Where a sum is to be paid to the Agent under the Security Finance Documents for another Partyparty, the Agent is not obliged to pay that sum to that other Party party (or to enter into or perform any related exchange contract) until it has been able to establish to its satisfaction that it has actually received that sum.

Appears in 3 contracts

Samples: Facilities Agreement (International Shipping Enterprises, Inc.), Agreement (Navios Maritime Holdings Inc.), Facilities Agreement (International Shipping Enterprises, Inc.)

Clawback. 23.4.1 33.4.1 Where a sum is to be paid to the Agent under the Security Finance Documents for another Party, the Agent is not obliged to pay that sum to that other Party (or to enter into or perform any related exchange contract) until it has been able to establish to its satisfaction that it has actually received that sum.

Appears in 3 contracts

Samples: Agreement (Teekay Tankers Ltd.), Agreement (Teekay Tankers Ltd.), Junior Facility Agreement (Endeavour International Corp)

Clawback. 23.4.1 41.4.1 Where a sum is to be paid to the Agent under the Security Finance Documents for another Party, the Agent is not obliged to pay that sum to that other Party (or to enter into or perform any related exchange contract) until it has been able to establish to its satisfaction that it has actually received that sum.

Appears in 2 contracts

Samples: And Restatement Agreement (MIE Holdings Corp), Shares Purchase Agreement (MIE Holdings Corp)

Clawback. 23.4.1 25.4.1 Where a sum is to be paid to the Agent under the Security Transaction Documents for another Party, the Agent is not obliged to pay that sum to that other Party (or to enter into or perform any related exchange contract) until it has been able to establish to its satisfaction that it has actually received that sum.

Appears in 2 contracts

Samples: Facility Agreement (Avolon Holdings LTD), Facility Agreement (Avolon Holdings LTD)

Clawback. 23.4.1 23.3.1 Where a sum is to be paid to the Agent under the Security Finance Documents for another Partyparty, the Agent is not obliged to pay that sum to that other Party party (or to enter into or perform any related exchange contract) until it has been able to establish to its satisfaction that it has actually received that sum.

Appears in 2 contracts

Samples: Restated Agreement (HCC Insurance Holdings Inc/De/), Agreement (HCC Insurance Holdings Inc/De/)

Clawback. 23.4.1 30.5.1 Where a sum is to be paid to the Agent under the Security Finance Documents for another Party, the Agent is not obliged to pay that sum to that other Party (or to enter into or perform any related exchange contract) until it has been able to establish to its satisfaction that it has actually received that sum.

Appears in 2 contracts

Samples: Facilities Agreement (Central European Distribution Corp), Facility Agreement (Central European Distribution Corp)

Clawback. 23.4.1 38.4.1 Where a sum is to be paid to the Agent under the Security Finance Documents for another Party, the Agent is not obliged to pay that sum to that other Party (or to enter into or perform any related exchange contract) until it has been able to establish to its satisfaction that it has actually received that sum.

Appears in 2 contracts

Samples: Facility Agreement (Navigator Holdings Ltd.), Navigator Holdings Ltd.

Clawback. 23.4.1 29.4.1 Where a sum is to be paid to the Agent under the Security Finance Documents for another Party, the Agent is not obliged to pay that sum to that other Party (or to enter into or perform any related exchange contract) until it has been able to establish to its satisfaction that it has actually received that sum.

Appears in 2 contracts

Samples: Assignment Agreement (Enstar Group LTD), Assignment Agreement (Enstar Group LTD)

Clawback. 23.4.1 30.4.1 Where a sum is to be paid to the Agent under the Security Finance Documents for another Party, the Agent is not obliged to pay that sum to that other Party (or to enter into or perform any related exchange contract) until it has been able to establish to its satisfaction that it has actually received that sum.

Appears in 1 contract

Samples: Agreement (PCCW LTD)

Clawback. 23.4.1 24.3.1 Where a sum is to be paid to the Agent under the Security Finance Documents for another Partyparty, the Agent is not obliged to pay that sum to that other Party party (or to enter into or perform any related exchange contract) until it has been able to establish to its satisfaction that it has actually received that sum.

Appears in 1 contract

Samples: HCC Insurance Holdings Inc/De/

Clawback. 23.4.1 29.4.1 Where a sum is to be paid to the Agent Agents under the Security Finance Documents for another Party, the Agent is not obliged to pay that sum to that other Party (or to enter into or perform any related exchange contract) until it has been able to establish to its satisfaction that it has actually received that sum.

Appears in 1 contract

Samples: Facilities Agreement (Hungarian Telephone & Cable Corp)

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Clawback. 23.4.1 40.4.1 Where a sum is to be paid to the Agent under the Security Finance Documents for another Party, the Agent is not obliged to pay that sum to that other Party (or to enter into or perform any related exchange contract) until it has been able to establish to its satisfaction that it has actually received that sum.

Appears in 1 contract

Samples: Credit Agreement (Axa Financial Inc)

Clawback. 23.4.1 35.4.1 Where a sum is to be paid to the Agent under the Security Finance Documents for another Party, the Agent is not obliged to pay that sum to that other Party (or to enter into or perform any related exchange contract) until it has been able to establish to its satisfaction that it has actually received that sum.

Appears in 1 contract

Samples: Facility Agreement (Gulfmark Offshore Inc)

Clawback. 23.4.1 34.4.1 Where a sum is to be paid to the Agent under the Security Finance Documents for another Party, the Agent is not obliged to pay that sum to that other Party (or to enter into or perform any related exchange contract) until it has been able to establish to its satisfaction that it has actually received that sum.

Appears in 1 contract

Samples: Facility Agreement (Edgen Murray PLC)

Clawback. 23.4.1 36.4.1 Where a sum is to be paid to the an Agent under the Security Finance Documents for another Party, the an Agent is not obliged to pay that sum to that other Party (or to enter into or perform any related exchange contract) until it has been able to establish to its satisfaction that it has actually received that sum.

Appears in 1 contract

Samples: Facilities Agreement (Shire Pharmaceuticals Group PLC)

Clawback. 23.4.1 28.2.1 Where a sum is to be paid to the Agent under the Security Finance Documents for another Party, the Agent is not obliged to pay that sum to that other Party (or to enter into or perform any related exchange contract) until it has been able to establish to its satisfaction that it the Agent has actually received that sum.

Appears in 1 contract

Samples: Agreement (Promotora De Informaciones Sa /Fi)

Clawback. 23.4.1 43.4.1 Where a sum is to be paid to the Agent under the Security Finance Documents for another Party, the Agent is not obliged to pay that sum to that other Party (or to enter into or perform any related exchange contract) until it has been able to establish to its satisfaction that it has actually received that sum.

Appears in 1 contract

Samples: Facility Agreement (Ivanhoe Energy Inc)

Clawback. 23.4.1 32.4.1 Where a sum is to be paid to the Agent under the Security Finance Documents for another Party, the Agent is not obliged to pay that sum to that other Party (or to enter into or perform any related exchange contract) until it has been able to establish to its satisfaction that it has actually received that sum.

Appears in 1 contract

Samples: Agreement (AVG Technologies N.V.)

Clawback. 23.4.1 29.5.1 Where a sum is to be paid to the Agent under the Security Finance Documents for another Party, the Agent is not obliged to pay that sum to that other Party (or to enter into or perform any related exchange contract) until it has been able to establish to its satisfaction that it has actually received that sum.

Appears in 1 contract

Samples: And Restatement Agreement (Central European Distribution Corp)

Clawback. 23.4.1 27.4.1 Where a sum is to be paid to the Agent under the Security Finance Documents for another Party, the Agent is not obliged to pay that sum to that other Party (or to enter into or perform any related exchange contract) until it has been able to establish to its satisfaction that it has actually received that sum.

Appears in 1 contract

Samples: Cellcom Israel Ltd.

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